Palantir Technologies Inc
Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough
Sopa Images | Lightrocket | Getty Images Kyle Dijamco is a proud member of Palantir Technologies‘ fast-growing retail investor base. The Los Angeles-based marketer has bet big on the defense tech stock, even increasing his exposure after a drawdown earlier this year. The 31-year-old’s position now stands at roughly $25,000. “It’s an exciting stock to […]
Read More
The blowout AI trades that surprised Wall Street in 2025
The artificial intelligence trade got tougher in 2025. While a significant capital expenditure cycle and earnings growth from the world’s biggest tech companies supported the market’s rally to record heights — with the S & P 500 to jumping more than 17% and the Nasdaq Composite gaining 22% year to date — the easy gains […]
Read More
Trump admin to hire 1,000 specialists for ‘Tech Force’ to build AI, finance projects
The Trump administration on Monday unveiled a new initiative dubbed the “U.S. Tech Force,” comprising about 1,000 engineers and other specialists who will work on artificial intelligence infrastructure and other technology projects throughout the federal government. Participants will commit to a two-year employment program working with teams that report directly to agency leaders in “collaboration […]
Read More
Palantir CIO Jim Siders leaves to become head of Thrive Capital’s new IT services business
Jim Siders speaks at an event Courtesy: Jim Siders Thrive Capital, the tech investment firm known for taking big stakes in companies including OpenAI, Stripe and Databricks, announced on Monday that it’s tapped Palantir veteran Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services. Siders spent […]
Read More
Trump wants the U.S. shipbuilding industry to be great again. Here’s what it will take, and what’s at stake
President Donald Trump has vowed to lead a revival in U.S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. The administration’s goal of a shipbuilding boom is a part of Trump’s “Make America Great” policy agenda. Trump signed an executive order […]
Read More
Palantir sues former employees, says Percepta AI CEO set out to ‘pillage’ top developers
Palantir Technologies CEO Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania, July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir expanded its lawsuit against two former employees on Thursday to include the CEO of their new artificial intelligence startup, Percepta AI. In […]
Read More
Bill Gates on why AI will become ‘hyper competitive’
Bill Gates talks to CNBC at Abu Dhabi Finance Week. CNBC Bill Gates has warned that some AI companies with high valuations will lose out in the “hyper competitive” AI industry, as the investors weigh up whether a bubble is about to burst. “AI is the most important thing going on,” the Microsoft founder and […]
Read More
Why healthcare is the ‘ultimate hedge’ against an AI correction, according to Kepler Cheuvreux
Key Points Talk of an AI bubble has grown since high-profile investor Michael Burry, known for predicting the housing meltdown ahead of 2008, revealed he is shorting AI players like Nvidia and Palantir. Healthcare, meanwhile, is recovering after a perfect storm, according to Kepler Cheuvreux analysts. The sector is also increasingly benefiting from AI adoption […]
Read More
Stock futures are little changed after major U.S. indexes snap five-day win streaks: Live updates
A Trader works on the floor of the New York Stock Exchange (NYSE) in New York on November 21, 2025. Angela Weiss | Afp | Getty Images Stock futures are relatively flat Monday night after a weak start to December trading. Futures tied to the Dow Jones Industrial Average were barely changed. The S&P futures […]
Read More
Eli Lilly’s price cut, Thanksgiving box office, trouble for gravestone makers and more in Morning Squawk
Sopa Images | Lightrocket | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. No-tech November Last week’s recovery rally allowed the Dow Jones Industrial Average and S&P 500 to both finish their seventh […]
Read More